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Company Overview

Verizon Communications

Sector: Technology

Verizon Communications is a telecommunications company that provides wireless and wireline communications, broadband, network, and digital services for consumers, businesses, and government customers.

We are tracking 3 layoff events for Verizon Communications from Sep 4, 2025 to Apr 9, 2026.

Key Metrics
43,000
Total Employees Affected
3
Layoff Events
14.3%
Avg. Percentage
Layoff Timeline
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
Layoff History
April 9, 2026

Verizon Communications announced plans to lay off approximately 15,000 employees, representing 15% of its workforce, as part of a major restructuring.

October 31, 2025

Verizon is cutting more than 13,000 employees (approximately 13% of its workforce) as part of a company-wide restructuring to 'reorient' operations, reduce costs, and improve customer experience. CEO Dan Schulman stated...

September 4, 2025

Verizon plans to lay off approximately 15,000 employees (15% of workforce) under new CEO Dan Schulman as part of a cost-cutting restructuring initiative. Layoffs are expected to begin as soon as next week and include...

Other Layoffs